Auto Sector

In a recent speech made by the Fed governor Michelle Bowman, she underlined why she supported the Fed decision to hike rates by 25 bps in July.

Brent crude futures were down 17 cents, or 0.2%, to $86.00 per barrel. American West Texas Intermediate (WTI) crude was down 19 cents or 0.2% at $82.73 per barrel.

According to Chandrasekaran, the cancellation of DVRs will also result in a 3.2% dilution of promoter voting rights.

With a top line of Rs 2,100 crore and a net income of Rs 200 crore, the company ended FY23.

In March 2023, ARAI approved PowerCore 2.0 in accordance with the updated AIS-156 standards, giving consumers a longer battery life cycle and improved safety.

The main issue is the prevalent practice of applying GST to Input Tax Credits related to settled vehicle claims that have been salvage-adjusted and disallowed.

Investors with very high risk appetite and want to invest for 5 to 7 years in a housing sector mutual fund should invest in Kotak S&P BSE Housing Index Fund.

Recommendation: Buy; Target price: Rs 695

Recommendation: Buy; Target price: Rs 2600

Recommendation: Buy; Target price: Rs 1632